Junaidy Shoaib Asad Profile 2018

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Innovative Solution Through Linked Ideas!

Introduction to
Our Offices
LAHORE
Suite No. 9-A, Third Floor Imtiaz Plaza Shahra-e-Quaid-e-Azam Lahore
Phone: +92-042-36360253 +92-042-36369408
KARACHI
1 / 6 – P, Block 6, P.E.CH.S, Mohtarma Laeeq Begum Road, Off Shahra-e-Faisal,
Near Nursery Play over Karachi Phone: +92-021-34371910-3
ISLAMABAD
77, Street No 45F10/4 Islamabad
Phone: +92-051-8356316-7
MULTAN
Office No. 104, Hotel Firdos Dera Adda,
Multan
Brief History of
TimeLine

1956 2007 2012 2013 2016 2017


Sher Mohammad Shoaib Asad & Co Junaidy Shoaib Member Morison Independent ACCA
Khan & Co, Chartered Asad Chartered International, Member Firm Approved
Chartered Accountants Accountants Approved Morison KSi, Employer –
Accountants . employer ICAEW, ICAP QCR rating Trainee
ICAP QCR rating Development,
. Gold
The firm was established as Sher Mohammad Khan & Co, Chartered Accountants in 1956. Following
the demise of late partner, Mr. Inam ul Haq it was named as Shoaib Asad & Co Chartered
Accountants in 2007. Later on, with the induction of two new partners, it was renamed as Junaidy
Shoaib Asad Chartered Accountants (JSA) in 2012.

The firm is QCR rated satisfactory by Institute of Chartered Accountants of Pakistan (ICAP). (latest
QCR April 2016). The firm is also enlisted on approved panel of auditors of State Bank of Pakistan
(SBP). The firm is on panel of various banks and Registrar of Co- operatives Lahore and Islamabad. It
is also enlisted with P & D Department Government of Punjab, Pakistan. The firm is also compliant
with ISQC1 international standard on quality control certified by ICAP. It is also ICAP approved
Training Organisation, Approved employer of ICAEW (Institute of Chartered Accountants England &
Wales). It has received the award of Gold status as ACCA approved employer-trainee development,
in recognition of support provided to ACCA trainees working toward the ACCA qualification.
Partner
Our Team

08

21 106

Qualified Professional
Staff Staff
Recognitions
Junaidy Shoaib Asad Chartered Accountants has the following national and international
recognition.

01 02 03 04

The firm is QCR The firm is also Certified auditors by ACCA Approved
rated satisfactory by enlisted on Security Exchange Employer – Trainee
Institute of approved panel of Commission of Development, Gold
Chartered auditors of State Pakistan.
Accountants of Bank of Pakistan
Pakistan (ICAP). (SBP).
(latest QCR April
2016).
Recognitions
Junaidy Shoaib Asad Chartered Accountants has the following national and
international recognition.

05 06

Authorized training employeer It is also working with Government


of The Institute of Chartered of Punjab, Pakistan and Registrar
Accountants in England and of Co- operatives Lahore and
Wales. Islamabad
International Affiliation

Junaidy Shoaib Asad Chartered


Accountants is an independent
member of Morison KSI.
Brief History of
Morison KSi was “born” on 1 April 2016, following a high-profile merger of two quality associations –
Morison International and KS International.

Both former associations were successful, well-established organizations, each with 25 years’
experience of helping members service their clients’ international needs.

In fact, both associations were established after the same ICAEW (Institute of Chartered Accountants
in England and Wales) dinner in 1990 organised for French and UK accounting firms to forge links.
Aplitec met Morison Stoneham who went on to form Morison International and Kingston Smith met
Cabinet Sorel who went on to form KS International. The rest is history, as they say….
Our mission is to be a leading, quality-focused global association of independently
owned and operated full service firms who is able to serve its firms and their clients’
international needs with ease and confidence.
Values Purpose
Everything we do is guided by our We provide our members and
values: their clients with access to high-
1.Focus on members who are quality professional accountancy,
committed to service quality delivery auditing, tax and consulting in all
2.Equality of member firms, based on major locations around the world.
participation Culture
3.Client focused The key to our success is our
4.Unite via teamwork and Our unique culture. Whilst we have a
collaboration
Mission professional outlook, we also have
5.Ethical and transparent a personality – making the
6.Ambitious, innovative and association and our members
passionate stand out from the crowd. We are
7.A professional, but fun and “family” fondly known as the "Morison KSi
culture family".
158 80 351 10,300 $1.002
Members Countries Offices Professional Turnover
Staff Billions
Sources: https://www.morisonksi.com/ (US)

FACTS & FIGURES


Services of Junaidy Shoaib Asad
Chartered Accountants
JSA professionals are dedicated to finding innovative solutions that contribute to a stronger
economy and healthier society. We aim to have a positive impact on businesses and markets, as
well as on society as a whole.

Over the years the firm is operating, it has made its presence felt in the market and has built strong 01
reputation as providers of quality services with almost respect for the Ethical & Moral Standards..

JSA provides industry-focused services for public and private clients in order to build
public trust and enhance value through the application of what we call Linked Ideas. 02
Our service culture combined with our cumulative knowledge culminates
into innovative solutions to help promote the growth of our client’s
business. Before rendering innovative advice we minutely ensure that all 03
the legal and ethical obligations are respected. This is what we call
Innovative Solutions.
The firm is poised to deliver value added prompt
professional services to their valued clientele with 04
strong professional team lead by its Partners and
professional staff with country wide reach through its
offices in Karachi, Lahore, Islamabad and Multan.
.
Our Services
Spheres of JSA professional services are broadly categorized as follows:

01 ASSURANCE

02 BUSINESS PROCESS OUTSOURCING

03 TAX CONSULTING

04 FINANCIAL CONSULTING

05 BUSINESS CONSULTING
ASSURANCE
The role of assurance services in the running of a successful business has changed beyond just
fulfilling statutory requirements. We offer appropriate and timely advice in addition to statutory
reporting, which enable our clients to effectively handle issues requiring immediate attention and
further assist them in taking informed decisions on timely basis.
Our Assurance Services Include the Following:

Financial Statement Audit Sustainability Reporting

While conducting audit engagement. JSA JSA helps the companies to develop a
takes into account all current and where corporate social responsibility (CSR)
appropriate, prospective auditing, /sustainability strategy that focuses on
accounting, and reporting regulations and key issues for the business and
guidance enhances relationships with key
stakeholder groups
Our Assurance Services Include the Following:

Independent Controls & Internal Audit Regulatory Compliance


Systems Process and Reporting
Assurance
JSA provides services JSA assists to improve the JSA provides support,
related to controls around quality and effectiveness advice, and assurance to
the financial reporting of internal audit processes help you manage
process, including financial by advising and assisting regulatory risks.
business process and IT in the development of
management controls. internal audit and risk
management
methodologies.
BUSINESS PROCESS OUTSOURCING
Outsourcing

There is an increasing trend for sound business reasons for managements of large and small
companies to concentrate their resources and energies on core business activities and strategies by
availing and hiring external professional help for undertaking certain non-core activities, routine
functions, processes and activities. Outsourcing has thus come to be recognised as a distinct class
of service in itself prompted by considerations of cost control, judicious use of enterprise’s own
human capital and conservation of its own valuable time and resources for focusing on sound
business planning and execution of action for excelling in performance and profitability.
Outsourcing of non-core activities and functions, on a complete or partial basis, customized to the
specific needs of various clients, have assumed a wide dimension embracing multifarious tasks and
services which include:
2 4
Managing finance Internal audit on a
and accounting comprehensive,
department continuing or
need-specific basis.

1 3 5
Cloud based Payroll preparation Staff secondment
computing and and related on short or long
organization of services term basis.
finance function.
Outsourcing of non-core activities and functions, on a complete or partial basis, customized to the
specific needs of various clients, have assumed a wide dimension embracing multifarious tasks and
services which include:

6 7 8 9 10
Processing of high- Advisory and Undertaking book Support services Advisory related to
volume support related to keeping and to international double taxation
transactions development of a accounting tasks. lending and donor treaties.
involving repetitive customized agencies.
functions and integrated module
processes, such based software
as data input for covering specific
stand-alone or business
networking requirements of
solutions. the organizations.
Outsourcing of non-core activities and functions, on a complete or partial basis, customized to the
specific needs of various clients, have assumed a wide dimension embracing multifarious tasks and
services which include:

12 14
Advisory Advisory
related to related to
compliance of optimum
11 Sarbanes 13 organization
Advisory Oxley code Support structuring and
related to (SOX) and services to compliance
preparation of COSO international with best
business plans framework. lending and practices of
and budgets donor code of
agencies. corporate
governance.
Outsourcing of non-core activities and functions, on a complete or partial basis, customized to the
specific needs of various clients, have assumed a wide dimension embracing multifarious tasks and
services which include:

15. Preparation and handling of :

• Monthly and periodical returns/statements as


required under direct taxation statutes.

• Withholding tax statements, challans and


related tasks.

• Monthly and periodical indirect taxes returns


and reconciliations with related records.

• Handling of expatriates executive remuneration


matters.
Outsourcing

Business Process Outsourcing (BPO) provides accounting, financial reporting and transaction-
intensive process support to clients. While your management concentrates on enhancing the core
business, our skilled professionals focus on your financial accounting and reporting. We perform
these functions efficiently and cost-effectively, using a broad knowledge of business processes and
financial software packages.
Outsourcing

These resources not only enhance our Through Business Process Outsourcing
ability to help clients with their finance, (BPO) services, we take over a client's
accounting and applications outsourcing, back-office F&A and related procurement
but also assists them in selecting and business processes and manage them
implementing software systems; on an ongoing basis. We offer a full IFRS
establishing company-wide networks; compliant services and solutions,
writing policies and procedures; creating including transaction processing; financial
call centers; and, standardizing accounting and reporting; statutory
processing after mergers and /regulatory accounting and reporting;
acquisitions. and, transaction processing. Our
transaction processing services cover
payables, disbursements and expenses;
receivables, receipts and revenues;
general ledger; and, payroll.
Outsourcing

Our approach to BPO is a highly collaborative blend of client and firm strengths. We
customize each engagement according to our client's processes, internal controls and
system requirements.
TAX CONSULTING
We assist businesses, individuals and organizations with tax strategy, planning, and compliance,
whilst also delivering a wide range of business advisory services with dedicated tax professionals.
Our Tax Services include the following
Income Tax Corporate Taxation Personal Taxation

Non-Resident Taxation Indirect Taxation


FINANCIAL CONSULTING
JSA’s finance professionals provide comprehensive financial advice and execution expertise,
encompassing mergers, acquisitions, divestitures, restructurings, private placements,
privatizations and equity capital markets to clients ranging from corporations and financial
institutions; adding value for our clients throughout all stages of the process.
Financial Consulting
Financial Performance Improvement
We support CEO’s, CFO’s, Controller and Treasurers to optimize the structure of
01 their Finance functions thus improving contribution to business
Financial Accounting
With the advancement in IFRS, financial accounting has become a lot more
02 complicated. Our financial accounting and accounting technical advice,
guidance, and training help improving the quality of company’s financial
reporting.
Accounting Valuation
03 JSA valuation services draw on considerable technical and financial
specialization, as well being able to access accounting specialists to deliver
integrated advice to our clients.
04 Advice on Fundraising
JSA has experience of advising businesses on their fund-raising plans in all
markets.
Financial Consulting
Financial Due Diligence
Our people are trained to identify, understand, and communicate key value
drivers, risks, and the opportunities that matter most to our clients. We
05 concentrate on strategic objectives, negotiation opportunities, and operational
efficiencies in defining the service appropriate to each engagement..

Mergers & Acquisitions Advisory


06 Our services are designed to help our clients reach their strategic goals
by identifying and then implementing opportunities to merge with or
acquire other businesses.
Project Finance
07 JSA has experienced professionals who have working experience with
both governments and private sector bidders.

08 Structuring Services
We help clients to identify the principal concerns that will determine the right
structure for a transaction. We can assist with marshalling the complex range of
factors including tax, legal, accounting and regulatory issues that will need to be
considered together.
BUSINESS CONSULTING
Operating within stringent regulatory regime coping up with shifting market demand and industry
consolidation, sustaining continuing pressure for better returns and more transparency, &
exploring new opportunities in the markets are key challenges today’s business is faced with to
succeed. One must seize the opportunities while also managing the risks. JSA provide advice and
assistance to companies, corporations and other concerns. Our services helps our clients to
respond to immediate needs as well as to put in place the strategies for the longer term.
Our Business Consulting Includes the Following
Business Recovery Dispute Analysis & Modeling And
IT Consulting
Services Investigations Business Planning
We offer advisory We provide financial JSA support business JSA IT advisory help in
services to lenders, services to both lawyers planning combine bridging the
creditors, companies and corporate clients advanced resources communications gap
and individuals in who are involved in with commercial with a combination of
troubled financial litigation, arbitration, awareness based on in- technical skills and
situations to help you and other alternative depth direct experience business experience.
identify problems, gain dispute resolution of specific industry Our services lines
cooperation, develop forums. Whatever the sectors. Our dedicated include Information
solutions and implement situation, from breach of professionals also Systems (IS)
them with ease and contract or warranty to understand the Governance, Value and
precision. income losses from commercial imperatives Performance from IT, IT
torts, we can provide that drive business Project Risk (ERP)
seasoned experts to success. Technology Risk
help.
Business Consulting
Enterprise Risk Third Party
Human Capital Aid to Industry
Management Assurance
JSA can help to reduce We advise clients on Through quality training We provide third party
governance risk, how to maximize the and support, we aim to assurance services to a
increase risk awareness efficiency and help you improve the wide range of clients
and improved reporting, effectiveness of their effectiveness of your across a number of
risk mitigation savings, Human Resources (HR) organization by sectors including
operating savings, lower service delivery, ranging enabling your banking, IT, asset
cost of capital , from process design to professionals to reach management and
improved controls, self-service the highest standards of insurance.
Improved capital applications, and performance.
efficiency considering insourcing,
outsourcing and
offshoring solutions.
Our Major Clients
OUR MAJOR CLIENTS
OUR MAJOR CLIENTS
Corporations / Authorities
❑ Karachi Export Processing Zone Authority
❑ Defense Housing Authority Karachi
❑ Defense Housing Authority Lahore

Banks/NBFC
❑ Bank of Punjab Limited (BOP)
❑ AKD Capital Limited
❑ HBL Asset Management Limited
❑ Pak Oman Asset Management Company Limited
❑ IGI Income Fund Limited
❑ UBL Asset Management Limited

Public Sector
❑ Quaid - E- Azam Solar Power (Pvt) Limited (QASP)
❑ Social Welfare and Bait-ul-Mall Department Punjab
❑ Higher Education Department Punjab
❑ Primary and Secondary healthcare Department.
OUR MAJOR CLIENTS
Insurance Companies
❑ The Universal Insurance Company Limited
❑ Adamjee Insurance Company Limited
❑ PICIC Insurance Limited
❑ Pak Qatar Family Takaful Limited
❑ Pak Qatar General Takaful Limited
❑ The Co-operative Insurance Society of Pakistan Limited

Manufacturing Sector Companies


❑ Hub Power Company Limited
❑ Generation (Pvt) Limited
❑ Pepsi Co
❑ Sui Southern Gas Company Limited
❑ Unilever Pakistan Limited
❑ Tuwairqi Steel Mills Limited
❑ Chevron Pakistan Limited
❑ Ghandhara Nissan Limited.
❑ Nalco Pakistan (Pvt.) Limited
❑ Hamdard Laboratories Waqf Pakistan
❑ Ramington Pharmcetical (Pvt) Limited
OUR MAJOR CLIENTS
Service Sector Companies
❑ Qasim International Container Terminal Pakistan Limited
❑ Karachi International Container Terminal Limited
❑ National Institutional Facilitation Technologies (Private) Limited
❑ Pakistan National Shipping Corporation
❑ Pakistan Textile City Limited
❑ Jet Green (Private) Limited
❑ ITEL (Private) Limited
❑ Smonte (Private)Limited
❑ CMH Medical College and Institute of Dentistry Lahore
❑ Lahore Garrison University (LGU)
❑ Lahore Garrison Education System (LGES)
❑ DHA CNG Station (Private) Limited
❑ Supply Chain Business Solutions (Pvt) Limited
❑ Captive Air
OUR MAJOR CLIENTS
Non-Profit Organizations
❑ Cardno Emerging Markets (Australia) Pty Limited
❑ Women Empowerment Group (Pink Ribbon & White Ribbon Campaign- Oxfam Novib)
❑ Sanjh Preet Organization
❑ Sudhar Foundation
❑ Change Organization
❑ Karvaan Crafts Foundation (Funded by US Aid)
❑ Organization for Participatory Development (OPD)
❑ Lok Virsa, Islamabad (Audit of Norwegian Grant-in Aid)
❑ Yar Muhammad Khan Foundation Al-Panah Foundation
❑ Soldier Welfare Organization Lahore (SWOL)
❑ Hamdard Foundation Pakistan
❑ Sight Saver International
OUR MAJOR CLIENTS
Non-Profit Organizations

❑ American Institute of Pakistan Studies


❑ Vision 2015 (Funded by World Health Organization)
❑ Amman Foundation
❑ Manzil Education Organization
❑ Health Oriented Preventive Education (HOPE)
❑ Muslim Welfare Trust
❑ Lateef Kapadia Trust
❑ Jamia Masjid Askari Phase IV Karachi
❑ Manzil Foundation
❑ Pakistan Green Building Foundation (PGBC)
❑ Imtiaz Plaza Welfare Organization, Lahore
❑ Pakistan Sugar Mills Association
Our Partners
Our Partners

Mr. Farrukh V. Mr. Asad Feroze Mr. Shoaib A. Mr. Mumtaz


Junaidy Partner Lahore Office Waseem Balouch
Senior Partner Partner Lahore Office Partner Multan Office
Fellow Member of the FCA, FCCA(UK), LLB, Fellow Member of the
FCA, FITM, FPFA
Institute of Chartered FITM, FPFA Institute of Chartered
Accountants of Pakistan Accountants of Pakistan
(ICAP) (ICAP)
Our Partners

Mr. Rukhsar Mr. Naveed Alam Mr. Asad Mumtaz


Mr. Pervaiz
Ahmed Partner Karachi Office
Balouch
Partner Islamabad office Partner Lahore Office Partner Karachi Office
Fellow Member of the Fellow Member of the Associate Member of
Institute of Chartered Institute of Chartered the Institute of
ACA, FCCA, APA, CFE Accountants of Pakistan Accountants of Pakistan Chartered Accountants
(ICAP) (ICAP) of Pakistan (ICAP)
Mr. Farrukh V. Junaidy
Mr. Junaidy is a Fellow Member of the Institute of Chartered Accountants of Pakistan. He is
partner Incharge of Karachi office.

Mr. Farrukh V. Mr. Junaidy remained an elected member of the Council of the institute of Chartered
Junaidy Accountants of Pakistan for four years and remained its vice president for two years.
Senior Partner
Mr. Junaidy has 30 years diversified experience. He possesses 15 years experience with
Fellow Member of KPMG Pakistan, including 6 year as Partner with KPMG.
the Institute of
Chartered He was one of the key members on the tax reform administration study, responsible for
Accountants of carrying out studies on fiscal statutes and was an associate to the Task force on Sales Tax
Pakistan (ICAP) constituted by Government of Pakistan in 1999 for this assignment.

He also served as Group Chief Financial Officer of Large conglomerate. As Chief Executive
Officer of cement units he was actively involved in plant expansion and modernization.

He also served on the Board of directors of Karachi Stock Exchange as nominee of


Securities & Exchange Commission of Pakistan and National Clearing Company of
Pakistan as nominee of Karachi Stock Exchange, which provides a nation wide system for
settlement of share transactions.
Mr. Asad Feroze
Mr. Asad is a Fellow Member of the Institute of Chartered Accountants of Pakistan. He
is partner Incharge of Lahore office and Head of Audit & Compliance (Pakistan).

Mr. Asad He served as Partner Audit & Assurance and Incharge Quality Control in ‘Muniff
Feroze Ziauddin Junaidy’ (MZJ) Chartered Accountants, a member firm of BKR International.
Partner Lahore (August 2009 - December 2012).
Office

FCA, FCCA(UK),
He also served as a Director Audit & Assurance and Taxation services Mumtaz
LLB, FITM, Balouch & Co Chartered Accountants, Pakistan; (December 2004 - February 2007).
FPFA
As trainee student, undergone rigorous training in the Audit and Consultancy of the
firm A. F. Ferguson & Co., Chartered Accountants (Member firm of Price Waterhouse
Coopers). (September 2000-September 2004)
Mr. Asad Feroze
Mr. Asad is Actively engaged in income tax consultancy assignments and regularly
appears in appellate forums of Federal Board of Revenue (FBR). More than 100
Mr. Asad
appearances in FBR appellate forums.
Feroze
Partner Lahore
Office He carried out extensive work as “Tax Consultant of World Bank” from January 2017
to June 2017 on various specialized issues related to taxes and their implementation
FCA, FCCA(UK), in Pakistan.
LLB, FITM,
FPFA He also carried out extensive work in Assignment of “Evaluation of bids for Financial
Advisory Services to privatize Quaid- e Azam Solar Power (Private) Limited (QASP)”
by Punjab Privatization Board Government of the Punjab.
Mr. Asad Feroze
VOLUNTARY WORK:

ICAP, Lahore Pakistan; (October 2015-November 2016).


Chairman Northern Regional Committee
Mr. Asad
Feroze ICAP, Lahore Pakistan; (December 2016-to Date).
Partner Lahore Chairman Casa North (Chartered Accountants Students Association North)
Office

FCA, FCCA(UK),
ICAP, Lahore Pakistan; (October 2015-october 2016).
LLB, FITM, Secretary Northern Regional Committee
FPFA
ICAP (October 2013-september 2017)
Elected Member Northern Regional Committee (Zone A)

ACCA Pakistan Members’ Network Panel (2008-2010); Chairman

ACCA Pakistan Members’ Network Panel (2008-2012); Elected Member


Mr. Asad Feroze
EDUCATION :

Institute of Chartered Accountants Of Pakistan (1998-2006); CA Qualification (Fellow


Mr. Asad member)
Feroze
Partner Lahore
Association of Chartered Certified Accountants (2001-2004); ACCA Qualification
Office
(Fellow member)
FCA, FCCA(UK),
LLB, FITM, University of Punjab (1999-2003); Graduation in Law (LLB)
FPFA
University of Punjab (1995-1997); Graduation in Economics & Statistics (Education in
Government College University Lahore)
Mr. Asad Feroze
Honors and awards

•Represented Pakistan in ACCA’s International Assembly of Members held in London,


United Kingdom from November 19, 2008 to November 21, 2008.
Mr. Asad •Elected Chairman Panel of Members ACCA Pakistan and also representative of
Feroze Pakistan members at ACCA International Assembly
Partner Lahore •Gold Medal awarded by Board of Intermediate and Secondary Education Lahore for
Office
getting first position in Intermediate Examination (Humanities Group Boys)
FCA, FCCA(UK),
•Silver Medal and certificate of distinction awarded by Punjab Textbook Board for
LLB, FITM, getting overall second position in Intermediate Examination (Humanities Group) in
FPFA province of Punjab, Pakistan
•Academic Roll of Honor and shield awarded by Government College Lahore for
securing first position in Intermediate Examination (Humanities Group Boys)
•Third position in Government College Lahore in Bachelor of Arts Examination
conducted by University of Punjab
•Various academic prizes received in Crescent Model Higher Secondary School
Mr. Shoaib Ahmed Waseem
PROFESSIONAL & ACADEMIC QUALIFICATIONS

•Fellow Member of The Institute of Chartered Accountants of Pakistan (ICAP).


•Fellow Member of The Pakistan Institute of Public Finance Accountants.
•Fellow Member of The Institute of Taxation Management.
Mr. Shoaib A.
•Bachelor of Science from Government College University, Lahore.
Waseem
Partner Lahore PROFESSIONAL EXPERIENCE
Office
FCA, FITM, •Partner- Tax & Business Advisory Junaidy Shoaib Asad Chartered Accountants
FPFA March 2007 till to-date.
•Director- Mumtaz Balouh & Co. Chartered Accountants April 2004 to October 2005.
•Manager Audit- Sher Muhammad Khan & Co. Chartered Accountants July 2002 to
April 2004.
•Articleship from Sher Muhammad Khan & Co. Chartered Accountants July 15, 1998
to July 14, 2002
Mr. Shoaib Ahmed Waseem
CORE COMPETENCIES AND SKILLS

TECHNICAL SKILLS

•Knowledge of International Accounting Standards, Auditing Standards, Corporate


Mr. Shoaib A.
Laws, Taxation and Financial Management.
Waseem
•Compilation of financial statements and its disclosures in compliance with applicable
Partner Lahore IFRSs / IASs and the requirements of Companies Ordinance, 1984.
Office
•Tax Knowledge. Well conversant with the direct and indirect tax laws applicable in
FCA, FITM, Pakistan related to corporate and non-corporate sector including general insurance
FPFA business. Conducted income tax appeals up to Appellate Tribunal level independently.
Remained member Committee on Taxation of ICAP for three years.
•Forensic Assignments. Carried out forensic assignments for housing sectors,
analyzing and identifying the risk factors, developing audit approach towards the risky
areas and drafting forensic reports.
•Audit competencies.
Mr. Shoaib Ahmed Waseem
PUBLIC SECTOR EXPERIENCE

•Reviewed the technical and financial evaluation work for the assignment 'Evaluation
of Bids for Financial Advisory Services to Privatize Quaid-e-Azam Solar Power (Pvt.)
Mr. Shoaib A. Ltd.
Waseem •Engagement partner for external financial audit of District Headquarter Hospital
Partner Lahore Nankana Sahib for the financial year 2015-16. Involved in various meetings with
Office Higher Education Department regarding the above assignment.
FCA, FITM, •Carried out technical and financial evaluation of the Project Provision of 100,000
FPFA Laptops During the Financial Year 2016-17 by the Higher Education Department,
Government of the Punjab, Lahore.
•Engagement Partner Financial audit of Mian Shahbaz Sharif Hospital, Bedian Road,
Lahore for the financial year 2015-16 (in process).
•Engagement Partner in Special Assignment for Capital Development Authority
Islamabad regarding verification of expenses incurred in Joint Venture with Multi-
professional Cooperative Society Islamabad.
Mr. Shoaib Ahmed Waseem
•Engagement Review Partner audit of “Soldiers Welfare Organization Lahore” (Last 9
years till the year 2015)
Mr. Shoaib A. •Engagement Partner audit of “CMH Medical College and Institute of Dentistry” Lahore
Waseem (For the years 2014 and 2015)
Partner Lahore
•Engagement Partner audit of “Lahore Garrison University” Lahore (For the years
Office ended 2011-12 and 2012-13)
•Engagement Partner audit of “Lahore Garrison and Education System” Lahore
FCA, FITM,
(Financial years ended 2009, 2010, 2011 and 2012)
FPFA
•Engagement Review Partner, “Pre- Audit of Contractor Billings at DHA Lahore” from
2007 to date.
•Engagement Review partner, “Tax Audits” two assignments through Federal Board of
Revenue Government of Pakistan.
Mr. Naveed Alam
Mr. Alam is a Fellow Member of the Institute of Chartered Accountants of Pakistan
(ICAP). He is serving as a Partner in the Firm. Mr. Alam possesses over 18 years vast
experience of handling accounting, taxation and corporate matters.
Mr. Naveed He has served KPMG Pakistan for over 12 years, including 2 years as Director in tax
Alam department.
Partner Karachi
Office Mr. Alam also worked in corporate advisory and secretarial department of
Fellow Member of KPMG. During association with the KPMG, he looked after IPO of various banks and
the Institute of financial institutions. Represented KPMG’s' clients before Securities & Exchange
Chartered Commission of Pakistan, Monopoly Control Authority, State Bank of Pakistan &
Accountants of
Government of Pakistan. He was also involved in the advisory to foreign investors on
Pakistan (ICAP)
issues relating to investment in Pakistan under the policies of Board of Investment.

Mr. Alam was Senior Manager in Internal Audit department of National Development
Leasing Corporation (Now NIB Bank Limited). Before that he was in Central
Depository Company of Pakistan Limited and established Investor Accounts Service
department.
Mr. Rukhsar Ahmed
Rukhsar Ahmed is the Partner In charge of Islamabad Officer of the firm and is an
Associate member of Institute of Chartered Accountants of Pakistan and a fellow
member of Association of Certified Chartered Accountants, England. He is the founder
Mr. Rukhsar partner of RA & Co and has a working experience of almost ten years.
Ahmed Before joining J.S.A & Co., Mr. Ahmed was practicing with the name of Rukhsar
Partner Ahmed & Co. Chartered Accountants. He has extensive experience of large audit
Islamabad office assignments involving several multi-location programs and a large range of project
audits and donor support services. He also possesses vast experience in directing
ACA, FCCA, assignments related to review of internal controls and monitoring, review and appraisal
APA, CFE systems for various not for profit organizations. He has conducted the audits of
listed companies, private limited companies, Banks, Financial Institutions, Public
Sector Entities as well as directed audits of Asian Development Bank funded projects,
United Nations Development Program funded projects, United Nations High
Commissioner for Refugees, Afghanistan, United Nations International Drug Control
Program, USAID, US Protection and Intelligence Company, Afghanistan Concern
Worldwide Limited, Afghanistan, World Vision and Save the Children along with audits
Mr. Rukhsar Ahmed
of the grants disbursed by Royal Netherlands Embassy to the Aga Khan Rural Support
Program, International Irrigation Management Institute (IIMI), Social Forestry Project
and Fata Integrated Agricultural Development Project. He was also the assignment
Mr. Rukhsar leader on the review of Business Efficiency Improvement Project of United Nations
Ahmed Development Program, Pakistan.
Partner
Islamabad office Besides, he was also involved in the audit of various projects and programs of
International not for profit organizations including Netherlands Organization for
ACA, FCCA, International Development Corporation (NOVIB), Canadian International Development
APA, CFE Agency (CIDA), Ockenden International, FOCUS Humanitarian Assistance – Europe
Foundation and International Union for Conservation of Nature.

He has prior experience of working in Tajikistan, Afghanistan as well.


Mr. Mumtaz hussain Balouch
Mr. Mumtaz is a Fellow Member of the Institute of Chartered Accountants of Pakistan.
He is partner Incharge of Multan office.

He is also partner of Mumtaz Balouch & Co. Chartered Accountants.


Mr. Mumtaz
Balouch He has served as a general manager finance of Ghee Corporation of Pakistan.
Partner Multan (February 23, 1994 to September 25, 2003.)
Office
Fellow Member of
He has also served as a director of Pakistan Edible Oil Corporation.
the Institute of
Chartered
Accountants of He also acted as manager finance in Sterling insurance Co. ltd.
Pakistan (ICAP)
Carried out extensive work in Assignment of “Evaluation of bids for Financial Advisory
Services to privatize Quaid- e Azam Solar Power (Private) Limited (QASP)” by Punjab
Privatization Board Government of the Punjab.
Thank you
Karachi Address Lahore Address Islamabad Address Multan Address
1/6-P, Block-6, P.E.C.H.S., Suite No. 9A, Third S77 A, Street # 45, F- Office No. 104, Hotel
Mohtarma Laeeq Begum Floor, Imtiaz Plaza, 10/4, Firdos Dera Adda,
Road, Off: Shahra-e- Shahra-e-Qauid-e-Azam, Islamabad Multan
Faisal,Near Nursery Lahore, Pakistan. Phone : +92 051
Flyover, Phone : +92 42 3636 8356316-7
Karachi, Pakistan. 1176
Phone : +92 021 34371910- +92 42 3636 0253
13 +92 42 3636 9408
Fax : +92 021 34371916 info.lhr@jsa.com.pk
info@jsa.com.pk

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